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  1. CLP Power seeks 2.8pc rise in tariff

    Posted Nov 23rd 2011, 12:00am

    ... prices and inflation in material costs. CLP Power, which has 2.3 million users in Kowloon, the New Territories and Lantau, is also reviewing its tariff structure for non-residential users, who ... obligations to cut pollution and make supply more reliable would require extra investment in infrastructure, aside from inflation. A person familiar with the situation said international prices ...

  2. CLP Power seeks 2.8pc tariff rise for fuel, network costs

    Posted Nov 23rd 2011, 12:00am

    ... Cheung Chi-fai chifai.cheung@scmp.com The biggest power supplier has proposed increasing the electricity tariff by more than 2.8 per cent for next year, citing the rising fuel price ... on the tariff level, she said. A person familiar with the situation said international prices for fuel, such as coal, increased by 30 per cent last year, while material costs recorded double-digit ...

  3. KMB may seek fare rise after HK$16m loss

    Posted Aug 19th 2011, 12:00am

    ... if a HK$489.1 million gain arising from the disposal of an interest in an industrial site in Kwun Tong is stripped out. KMB blamed higher fuel prices, saying the cost of sulphur diesel jumped 43.1 per ... a view as to the duration and magnitude of the current trend of high fuel oil prices,' KMB said. 'However, if this trend persists and in the absence of other effective mitigation ...

  4. Beijing lifts the price for transmitting natural gas

    Posted Apr 28th 2010, 12:00am by Eric Ng

    ... Eric Ng Beijing has raised the price of natural gas transmission for the first time in more than five years, a move widely seen as a precursor for gas price rises to reflect higher costs ... is uniformly slapped on existing fees, which vary by distance, and means users nearest to gas fields who previously enjoyed low gas prices will bear the highest percentage price increase. For example, ...

  5. Lunar New Year price rises push inflation to 13-month high

    Posted Mar 23rd 2010, 12:00am by Dennis Eng

    ... Dennis Eng Inflation edged up almost 2 per cent over the first two months of this year as the Lunar New Year holiday pushed up consumer prices 2.8 per cent in February, the most in 13 months, government data shows. Last month's year-on-year price increase was up from January's 1 per cent rise, while the underlying inflation rate also jumped 1.6 per cent from almost ...

  6. KMB, Long Win bus fares to rise as much as 3.6pc

    Posted Apr 20th 2011, 12:00am

    ... cents more or not be affected. The increases were not enough to offset rising fuel prices, KMB said. 'The fuel [oil] price has risen by 60 per cent to the current level of HK$138 per ... in July last year. It said the increase was necessary because of soaring fuel prices, the cost of buying new buses, pay rises and increases in operating costs. 'Looking ahead, both companies ...

  7. Carriers unlikely to gain from cut in fuel prices

    Posted Dec 29th 2008, 12:00am by Charlotte So

    ... Charlotte So The recent reduction in domestic jet fuel prices will not alleviate losses of mainland carriers because what they will save in costs will be largely offset by a cut in the fuel surcharge levied on passengers, analysts say. The 32 per cent cut in the ex-factory price of jet fuel was initially welcomed by mainland carriers. With jet fuel prices lowered to 5,050 ...

  8. Rising fuel costs and cleaner energy force up power charges

    Posted Dec 15th 2010, 12:00am by Staff Reporter

    ... and moves by the two power companies to burn more clean fuel. On January 1, the price per kilowatt hour of electricity will go up from 91.5 to 94.1 cents for CLP Power customers and from 119.9 ... but are cautious about the outlook as they forecast gas and coal prices will continue to rise. Further uncertainties are created by the move to use more gas and possibly more imported nuclear energy ...

  9. Price rises unlikely to undermine growth

    Posted Jun 21st 2008, 12:00am by Staff Reporter

    ... Jane Cai and agencies China became the latest Asian nation to curb energy subsidies by raising retail petrol and diesel prices as much as 18 per cent, moving to narrow the gap between ... unrest as elsewhere in Asia amid soaring inflation. On June 4, India's government raised petrol prices by 11 per cent to 50.56 rupees (HK$9.18) a litre in New Delhi. Diesel costs were ...

  10. Higher prices add inflation pressure

    Posted Nov 03rd 2007, 12:00am by Cary Huang

    ... crude prices prompted refiners to cut output rather than absorb mounting losses. The economic planning agency raised prices of petrol, diesel and other fuels by about 10 per cent on Thursday. ... Cary Huang in Beijing The country's top economic planning agency has cautioned that the rise in oil and other raw material prices, fuelling inflationary pressure in the mainland, ...




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